Hong Kong (HK) Salaries Tax Calculator 2026/27
income_tax_hong_kongWhat your Hong Kong salary actually costs you in tax this year, after allowances — and whether the standard rate caps the bill. Hong Kong does not tax salaries with a bracket table. It runs two calculations and charges you the lower one: progressive rates of 2% to 17% on what remains after your allowances, or a flat standard rate on your income before any allowances at all — 15% on the first HK$5,000,000, 16% above it. Which one wins turns entirely on your allowances, so a married taxpayer with children crosses over at a far higher salary than someone single. Most calculators model only the progressive scale, and so does most AI, which is why both overstate the bill for higher earners, sometimes by a lot. This runs both, shows you which one binds and by how much, and takes off the year’s one-off reduction at the end.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| mpf | No | MPF mandatory contributions (HK$) Deductible up to HK$18,000 a year. Employee mandatory contributions only — voluntary ones are not deductible under this cap. | |
| year | No | Year of assessment Allowances rose in 2026/27 (basic HK$132,000 → HK$145,000). The one-off reduction for 2026/27 has not been announced yet, so it is treated as zero until the February 2027 Budget. | 2026/27 |
| income | No | Annual income (HK$) Total assessable income for the year — salary, bonus, commission, and the rental value of any employer-provided housing. | |
| status | No | Assessment basis The decisive input. Joint assessment doubles the basic allowance, which raises the income at which the standard rate takes over — the crossover is net income above 8.5 × allowances + HK$900,000. | single |
| parents | No | Dependent parents/grandparents aged 60+ HK$55,000 each for 2026/27 (HK$50,000 for 2025/26). The 55–59 band is half and is not modelled here. | |
| children | No | Children claimed HK$140,000 each for 2026/27 (HK$130,000 for 2025/26), for up to nine children. The extra year-of-birth allowance is not modelled. | |
| otherDeductions | No | Other deductions (HK$) Self-education (max 100,000), home-loan interest (100,000, or 120,000 with a young child), domestic rent (same), elderly residential care, annuity/TVC (60,000), VHIS. Enter the total. | |
| parentsLiveWith | No | Do those parents live with you? Living with you the whole year doubles the dependent-parent allowance. Easy to miss, and worth HK$55,000 of allowance per parent in 2026/27. | no |